Insurance and financial institutions

Insurance companies and financial institutions

BlackRock’s partnership with insurers spans over 25 years and is grounded in our tailored investment and risk management solutions which seek to help our clients navigate an ever-changing investment landscape.

Why insurance companies and financial institutions partner with BlackRock

Our deep understanding of the financial, accounting and regulatory complexities facing insurance companies is supported by an experienced team of former industry executives, actuaries and seasoned investment professionals across all major asset classes.

Meet our insurance team

Since founding the Financial Institutions Group (FIG) in 1990, BlackRock’s focus has been to enhance outcomes, returns, convenience, value, and transparency for our insurance partners and deliver holistic portfolio solutions. Today, we manage US$418 billion in general account assets on behalf of insurers and have a dedicated team of insurance portfolio managers, relationship managers, actuaries, strategists, and Aladdin specialists to deliver the breadth of BlackRock’s global resources.1

Charles Hatami
Global Head of the Financial Institutions Group
Charles Hatami, Managing Director, is the Global Head of BlackRock's Financial Markets Advisory and Global Head of the Financial Institutions Group.
Contact our dedicated insurance team
Get in touch with BlackRock to learn how our insurance team partners with insurers and financial institutions across the globe to help them navigate the investment landscape.
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BlackRock's latest insights for insurers

Charles Hatami: Hello. Happy New Year and warm wishes for a healthy 2021.

Welcome to our Global Insurance Webinar series, a three-part series to kick start this new year.

This new webinar is designed to complement our 9th Annual Global Insurance Report, which was published last October.

I am Charles Hatami, the Global Head of our Financial Institutions and the Financial Markets Advisory Group at BlackRock.

I’d like to start by thanking you for your partnership and engagement over the years, and importantly during this last year, a year which has obviously tested all of us. We value your trust and are committed to working with you to help deliver on your desired financial outcomes.

As in previous years, our 2020 Global Insurance Report represented over $24TRN of Assets Under Management, which represents two thirds of investable insurance assets and that drew on four dominant themes within the industry:

First, insurance companies’ focus on dynamic and flexible asset allocations will be highlighted by Peter Gailliot in our first webinar instalment. Peter who’s our FIG CIO will discuss how diversification within a whole portfolio approach can create resilience in what is globally now a low rate environment.

Second, Kunal Khara will highlight the extent to which the technological transformation of the industry, in all aspects of the insurance business from liabilities, assets management to distribution, is driving change across the industry for insurers.

Third, sustainability which, against the backdrop of the pandemic, has only accelerated in its global importance with insurance companies, will be presented by Jessica Tan in our final webinar instalment.

These considerations have encouraged insurance companies to fundamentally review their business models to ensure they are both robust and future proof, a final theme that emerged from our 2020 survey.

So what of the year ahead?

We are clearly expecting all of these themes to continue to play out in and some will accelerate in 2021.

We are also expecting new themes to gain in importance such as the rising inflation, as well as the already strong backdrop of consolidation across the global insurance industry which will continue apace.

We’d be honoured to support you through our global diversified platform which combines asset management, insurance solutions, technology and capital markets capabilities, and partner with you on these evolving challenges.

We hope to meet face-to-face sooner rather than later in 2021 and would like to thank everyone who took part in the survey.

We hope you enjoy my colleagues’ videos and this webinar series.

I look forward to speaking with you soon.

Charles Hatami: Hello. Happy New Year and warm wishes for a healthy 2021.

Welcome to our Global Insurance Webinar series, a three-part series to kick start this new year.

This new webinar is designed to complement our 9th Annual Global Insurance Report, which was published last October.

I am Charles Hatami, the Global Head of our Financial Institutions and the Financial Markets Advisory Group at BlackRock.

I’d like to start by thanking you for your partnership and engagement over the years, and importantly during this last year, a year which has obviously tested all of us. We value your trust and are committed to working with you to help deliver on your desired financial outcomes.

As in previous years, our 2020 Global Insurance Report represented over $24TRN of Assets Under Management, which represents two thirds of investable insurance assets and that drew on four dominant themes within the industry:

First, insurance companies’ focus on dynamic and flexible asset allocations will be highlighted by Peter Gailliot in our first webinar instalment. Peter who’s our FIG CIO will discuss how diversification within a whole portfolio approach can create resilience in what is globally now a low rate environment.

Second, Kunal Khara will highlight the extent to which the technological transformation of the industry, in all aspects of the insurance business from liabilities, assets management to distribution, is driving change across the industry for insurers.

Third, sustainability which, against the backdrop of the pandemic, has only accelerated in its global importance with insurance companies, will be presented by Jessica Tan in our final webinar instalment.

These considerations have encouraged insurance companies to fundamentally review their business models to ensure they are both robust and future proof, a final theme that emerged from our 2020 survey.

So what of the year ahead?

We are clearly expecting all of these themes to continue to play out in and some will accelerate in 2021.

We are also expecting new themes to gain in importance such as the rising inflation, as well as the already strong backdrop of consolidation across the global insurance industry which will continue apace.

We’d be honoured to support you through our global diversified platform which combines asset management, insurance solutions, technology and capital markets capabilities, and partner with you on these evolving challenges.

We hope to meet face-to-face sooner rather than later in 2021 and would like to thank everyone who took part in the survey.

We hope you enjoy my colleagues’ videos and this webinar series.

I look forward to speaking with you soon.

Global Insurance Report 2020:
Insurers see the future
Global insurers share their views on how 2020 is reshaping the industry and their investment approach through digital transformation, redesigned business models, portfolio flexibility for great resilience and the prioritisation of sustainability.
BlackRock's 2020 Global Insurance Report

1 Source: BlackRock, as of March 31, 2021.

 

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